Thanks so much to Ms. Faroohar for her perceptive and incisive commentary regarding the dangers of a gargantuan industry with the ability to make up the rules it plays by as it goes along. I fear far too many are lured by the obvious advantages technology confers without admitting, accepting or understanding the disadvantages that come along with them.
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent The part here that got me in this interview was the stuff about her 10yr old getting addicted. I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules. I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines. And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent The part here that got me in this interview was the stuff about her 10yr old getting addicted. I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules. I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines. And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
INET, nice job at filling in the description box so people can, you know, buy her book, follower her on twitter or know her name without having to restart the video...Thanks.
Lots to think about - but what a good interviewer Rob Johnson is - he is so settled in himself. I wish we had more interviewers like that in the political sphere where journalists have become so adversarial. You just end up with very tedious, defensive interviews that don't work for anyone.
My bro & I first saw commercial TV at the age of fourteen. We fell about laughing, the ads were so obviously calculated to flatter & schmooze us into buying their products. (from Green Fire, UK) 🌈🦉
Companies that sell your data should have to keep track of it so users can see who's buying/selling their data. I'm all for the power of markets, but we should have regulations to provide greater transparency to consumers.
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent The part here that got me in this interview was the stuff about her 10yr old getting addicted. I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules. I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines. And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
Uh....those aren't what loot boxes are. Otherwise, brilliant and, at 49, age does not appear to affect her. With online gaming, though, Rob is right. Not only does the market there create the demand before the product, it won't let you purchase the product. Not directly. And *it's here* where loot boxes come into play, along with tiers of virtual currency only available through gambling.
Money is an evil system by design. It doesn't try to empower people with good ideas unless it empowers itself. Money serves money. This is quintessential greed. How much money is enough? We fail to even ask the question. The assumption of money is "enough is never enough." All business is oriented towards increasing the importance of money in our lives. But is this the right thing to do? No, it isn't. Money should serve virtue, not itself.
And just what kind of system would you propose in its place? You sound like an insane person. We would all like to live in Utopia but human nature will never permit that. So we use money as a measure of hard work with which to live our lives on. Not perfect at all, but the only usable system of market and economy we can make work to a decent degree. And money is not evil at all in any way shape or form. It is people that are evil.
Good and evil in everything, and believe it or not, we do have enough free will to at least aim in the right direction, which will be evident in the feedback from those around. Tech amplified the normal variation and made it volitile for individuals.
@@paulwolinsky1538 I mean the statement itself is not a common thing in nature and because the world is hard is a very nice statement to remember… Beside that … I don’t know if you think that Google is evil in some way (?)
@@itsiwhatitsi My basic understanding of Tech workers is that in most ways, they are ordinary human beings. So Google, for instance, was founded by and is run by people who are susceptible to vices such as greed, a lack of compassion or an unwillingness to care about the customers they "serve" (but as Ms. Faroohar points out, the people who end up serving Google), and all kinds of other vices. To say "Don't be evil" when most ordinary human beings are generously endowed with the capacity for evil is more than just a small instance of self-flattery or self-deception. By the way, I don't even know for sure if you are a person, or part of a Google company-sponsored public relations phishing search engine, which is also kind of evil, or has the potential to be.
@@paulwolinsky1538 no I am just a person that like the frase. I am not a bot or connected to Google and I am not interested in Google , I just think that in a world full of motivational frases to be better smarter or richer I think that “do not be evil” is even more essential than other things. A reminder to not cheat ,trick, rub ,fight the others is a good thing to remember in a Tech company or in all the industries in general: the goal is develop things for a better humanity and is not just a money fact but also a manner. That is the essence of what a real civilization must be. I think is a simple but deep tagline. Is not like saying “be good” or “be better” is not even a way to say “ we are better , smart and original in the industry”. Is a minimal ,humble but very important thing to remember in the capitalistic world , to set a “Value” in a world that seems to have lost the meaning of what is really important
@@itsiwhatitsi I guess what I have a problem with is what I mentioned at the outset - if you remember. It is 'banal' in Hannah Arendt's sense of stupid and thoughtless, for the head of a Big Tech company (I'm not sure if it was the head of Google or the head of Apple) to claim that he and his company would not be evil, when they are collecting all kinds of information about people unbeknownst to those people, when they use that information to do all kinds of things that we may even have no idea about (under cover of law) and use their corporate and financial leverage to quiet or silence any dissent about their policies or procedures. Plus, how much do these companies actually pay in taxes? Do you honestly think they are 'good corporate citizens' in a phrase that was on everyone's lips 5 - 10 years ago, but which has been forgotten or all but drained of meaning, lately.
Would love to hear what Ms Foroohar thinks of the the latest stumbles big tech took dancing with the government. You can only call the tune if you know the words. Some things never change.
13:00 Companies made an addictive thing, based on past addictive things. Is this really a profound idea worthy of a book? It's already been said a million times.
Surveillence - yes. As for capitalism, think about TikTok. Capitalism is not interested in observing you, it's interested in selling to you. Addiction? Yes, please. Cigarettes, big TVs, bigger TVs. Surveillence? Only to know you better and sell you even more. Political agents, on the other hands, are very interested in surveillence. Manipulating opinions. Increasing polarization. Identifying weak spots.
Thanks so much to Ms. Faroohar for her perceptive and incisive commentary regarding the dangers of a gargantuan industry with the ability to make up the rules it plays by as it goes along. I fear far too many are lured by the obvious advantages technology confers without admitting, accepting or understanding the disadvantages that come along with them.
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent
The part here that got me in this interview was the stuff about her 10yr old getting addicted.
I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules.
I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines.
And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
She is quite a revolutionary thinker!!! Very interested to read her books in the near future. Thank you for this great content.
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent
The part here that got me in this interview was the stuff about her 10yr old getting addicted.
I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules.
I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines.
And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
INET, nice job at filling in the description box so people can, you know, buy her book, follower her on twitter or know her name without having to restart the video...Thanks.
Rob, I salute you and your work! A beacon of moral and caring from north!
I like this conversation 🙏 - It’s profound
Lots to think about - but what a good interviewer Rob Johnson is - he is so settled in himself. I wish we had more interviewers like that in the political sphere where journalists have become so adversarial. You just end up with very tedious, defensive interviews that don't work for anyone.
My bro & I first saw commercial TV at the age of fourteen. We fell about laughing, the ads were so obviously calculated to flatter & schmooze us into buying their products. (from Green Fire, UK) 🌈🦉
Companies that sell your data should have to keep track of it so users can see who's buying/selling their data. I'm all for the power of markets, but we should have regulations to provide greater transparency to consumers.
I read this book. Very good.
YOU GO GIRL YOU ARE MY NEW HERO!
Extremely interesting and well put together. Thank youuuu
If you haven't? Go watch the interviews Rana and Mark Blyth did on theAnalysis-news - they're excellent
The part here that got me in this interview was the stuff about her 10yr old getting addicted.
I'm Australian and right here right now in March 2023 that is one of the really hot public topics, because we have found all these "Free Apps" marketed as things like slot machine games with no money are absolutely out of control. Advertising for gambling is tightly controlled in Australia but these "Free Apps" don't work with real money and as such get around the rules.
I was really surprised to find that this interview is 3 years old because this is such a hot topic at the moment. Only days ago we found that one of our companies that makes real slot machines with real money that are in our bars, clubs and casinos are also a world leader in these "Free Apps." They are making more money from these "Free Apps" than they do from actual gambling machines.
And part of uncovering this is how big the Chinese system is and how many of these apps are Chinese owned.
This conversation has a delightful air of intimacy about it. A virtually romantic atmosphere of intimacy, trust and joy. Yet very integrous too. Ha!
Uh....those aren't what loot boxes are. Otherwise, brilliant and, at 49, age does not appear to affect her. With online gaming, though, Rob is right. Not only does the market there create the demand before the product, it won't let you purchase the product. Not directly. And *it's here* where loot boxes come into play, along with tiers of virtual currency only available through gambling.
really helpful, thanks
spot on!
Beautiful title.
It is free. How long to win is why you pay. A million year to win. Who can see that?
Why not love God to see you? Big laugh! Don't worry about God. Did it do right to see you? Here to protect paymaster to do that job.
Most surprising Saskatchewan reference ever...
Hah!
Money is an evil system by design. It doesn't try to empower people with good ideas unless it empowers itself. Money serves money. This is quintessential greed. How much money is enough? We fail to even ask the question. The assumption of money is "enough is never enough."
All business is oriented towards increasing the importance of money in our lives. But is this the right thing to do? No, it isn't. Money should serve virtue, not itself.
And just what kind of system would you propose in its place? You sound like an insane person. We would all like to live in Utopia but human nature will never permit that. So we use money as a measure of hard work with which to live our lives on. Not perfect at all, but the only usable system of market and economy we can make work to a decent degree. And money is not evil at all in any way shape or form. It is people that are evil.
Good and evil in everything, and believe it or not, we do have enough free will to at least aim in the right direction, which will be evident in the feedback from those around. Tech amplified the normal variation and made it volitile for individuals.
It's not a mediocre thing to "not be evil"...
What do you mean "mediocre"? It IS banal to say "Don't be evil" when you have no intention of following through on your own statement.
@@paulwolinsky1538 I mean the statement itself is not a common thing in nature and because the world is hard is a very nice statement to remember… Beside that … I don’t know if you think that Google is evil in some way (?)
@@itsiwhatitsi My basic understanding of Tech workers is that in most ways, they are ordinary human beings. So Google, for instance, was founded by and is run by people who are susceptible to vices such as greed, a lack of compassion or an unwillingness to care about the customers they "serve" (but as Ms. Faroohar points out, the people who end up serving Google), and all kinds of other vices. To say "Don't be evil" when most ordinary human beings are generously endowed with the capacity for evil is more than just a small instance of self-flattery or self-deception. By the way, I don't even know for sure if you are a person, or part of a Google company-sponsored public relations phishing search engine, which is also kind of evil, or has the potential to be.
@@paulwolinsky1538 no I am just a person that like the frase. I am not a bot or connected to Google and I am not interested in Google , I just think that in a world full of motivational frases to be better smarter or richer I think that “do not be evil” is even more essential than other things. A reminder to not cheat ,trick, rub ,fight the others is a good thing to remember in a Tech company or in all the industries in general: the goal is develop things for a better humanity and is not just a money fact but also a manner. That is the essence of what a real civilization must be. I think is a simple but deep tagline. Is not like saying “be good” or “be better” is not even a way to say “ we are better , smart and original in the industry”. Is a minimal ,humble but very important thing to remember in the capitalistic world , to set a “Value” in a world that seems to have lost the meaning of what is really important
@@itsiwhatitsi I guess what I have a problem with is what I mentioned at the outset - if you remember. It is 'banal' in Hannah Arendt's sense of stupid and thoughtless, for the head of a Big Tech company (I'm not sure if it was the head of Google or the head of Apple) to claim that he and his company would not be evil, when they are collecting all kinds of information about people unbeknownst to those people, when they use that information to do all kinds of things that we may even have no idea about (under cover of law) and use their corporate and financial leverage to quiet or silence any dissent about their policies or procedures. Plus, how much do these companies actually pay in taxes? Do you honestly think they are 'good corporate citizens' in a phrase that was on everyone's lips 5 - 10 years ago, but which has been forgotten or all but drained of meaning, lately.
Would love to hear what Ms Foroohar thinks of the the latest stumbles big tech took dancing with the government. You can only call the tune if you know the words. Some things never change.
The man is speaking so softly that I can't hear much of what he's saying even with the volume all the way up. Then when she laughs, it hurts my ears.
Saying Libertarian and anti-competitive in the same sentence shows a misunderstanding of what that means.
13:00 Companies made an addictive thing, based on past addictive things. Is this really a profound idea worthy of a book? It's already been said a million times.
10:20 Persuasive Technology? If Internet or social media is replacing TV, it must have the same hypnotizing effect on people or even worse.
Surveillence - yes. As for capitalism, think about TikTok.
Capitalism is not interested in observing you, it's interested in selling to you. Addiction? Yes, please. Cigarettes, big TVs, bigger TVs. Surveillence? Only to know you better and sell you even more.
Political agents, on the other hands, are very interested in surveillence. Manipulating opinions. Increasing polarization. Identifying weak spots.
This is not the industrial revolution of our time
Is it more like the invention of the Printing Press?